This paper develops a general equilibrium endogenous growth model in an
overlapping generations framework, and compares, in terms of economic growth, a
passive unemployment policy (unemployment insurance) with an ...

Most of the growth in international production over the past decade has been carried out via cross-border mergers and acquisitions. Yet previous empirical work relating to CBM&As has been confined to firm-specific factors. ...

The study applies an “augmented” gravity equation to South Africa’s exports of motor
vehicles, parts & accessories (SIC 381-383) to 76 countries over the period 1994 to 2003.
The study employs a dynamic panel data model ...

The paper investigates the bank-lending channel (BLC) of monetary policy in South Africa
using quarterly bank-level data for the period 2000Q1-2004Q4. Capital adequacy and bank size
are used as indicators for information ...

This paper analyzes whether a wealth of information contained in 126 monthly series
used by large-scale Bayesian Vector Autoregressive (LBVAR) models, as well as
Factor Augmented Vector Autoregressive (FAVAR) models, ...

In the 2008 Budget Review, the South African government announced its intention to levy a 2c/kWh tax on the sale of electricity generated from non-renewable sources. This measure is intended to serve a dual purpose of ...

This paper tests for house price bubbles in the South African housing market, using quarterly data from 1969:Q2 to 2009:Q3, based on the unit root test developed by Phillips et al. (2010). This test allows us to detect ...

This paper analyses the causal relationship between financial development and economic
growth in Botswana for the period 1977 to 2006, using Granger causality through
cointegrated Vector Autoregression methods. The results ...

High rates of infant mortality in Africa continue to be a major public health concern today,
despite the fact that most deaths can be prevented from well known, relatively low cost
technologies. Using multiple years of ...

Recent empirical evidence on the direct link of inflation targeting and inflation volatility is
at best mixed. However, comparing inflation volatility across alternative monetary policy
regimes within a country based on ...

The South African Government announced, in the 2008 Budget Review, the intention to tax the generation of electricity from non-renewable sources with 2c/kWh. This tax is to be collected by the producers/generators of ...

The paper uses a micro-simulation computable general equilibrium (CGE) model
to study the impact on poverty of a complete removal of tariffs in Zimbabwe. The model
incorporates 14006 households derived from the 1995 ...

Active credit portfolio management is becoming a central part of capital and credit
management within the banking industry. Stimulated by the Basel II capital accord the
estimation of risk sensitive credit and capital ...

In order to be able to suggest viable solutions to the overwhelming problem of poverty on
the African continent, it is first necessary to know exactly what is causing that poverty. It
is the intention of this paper to ...

This paper analyzes the ability of a random walk and, classical and Bayesian versions of autoregressive, vector autoregressive and vector error correction models in forecasting home sales for the four US census regions ...

In this paper, we use a general equilibrium overlapping generations monetary endogenous growth
model of a small open economy, to analyze whether financial repression, measured via the "high"
mandatory reserve-deposit ...

The use of micro-simulation tax modelling techniques is reasonably well-documented in a broad spectrum of literature in the field of public economics. This article is primarily concerned with assessing the revenue base for ...